Presenter
Presented by Mr. Ferlo
Title
Resolution authorizing the Urban Redevelopment Authority of Pittsburgh to Acquire all of the City's Right, Title and Interest, if any, in and to the Publicly-Owned Property listed in Section 1 hereof, such Property being located in the 3rd and 5th Wards of the City of Pittsburgh (Residential Land Reserve Fund -- Council District No. 6 - Site Assemblage for Residential/Commercial Development).
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Whereas, by Ordinance No. 393 of 1967, as amended, the Council of the City of Pittsburgh authorized the Mayor and the Director of the Department of Lands and Buildings to enter into a Cooperation Agreement with the Urban Redevelopment Authority of Pittsburgh providing for the establishment of a Residential Land Reserve Fund and specifying the purposes, amount, and source of said Fund; and
Whereas, in accordance with the terms and provisions of said Ordinance No. 393 of 1967, as amended, the Mayor and the Director of the Department of Lands and Buildings of the City of Pittsburgh entered into a Cooperation Agreement with the Urban Redevelopment Authority of Pittsburgh dated October 20, 1967, as amended; and
Whereas, in accordance with the terms and provisions of said Residential Land Reserve Fund Cooperation Agreement, the Urban Redevelopment Authority of Pittsburgh must obtain the approval of the Council of the City of Pittsburgh prior to the acquisition of any vacant and improved real property; and
Whereas, the Urban Redevelopment Authority of Pittsburgh, in accordance with the terms and conditions of said Cooperation Agreement desires to acquire all of the City's right, title and interest, if any, in and to publicly-owned property in the 3rd and 5th Wards of the City of Pittsburgh designated in the Deed Registry Office of Allegheny County as listed in Section 1 hereof, for the sum of $1.00 plus all necessary and incidental expe...
Click here for full text